“We continue to see very appealing long term opportunities in India but at the same time, we need to manage the short term volatility and general risk of doing business in India.”
Aug 17, 2019, 06.35 AM IST
BCCL
“As expected, growth was low in Q2 as compared to Q1, due to dry days in connection with the elections. Revenue growth was double digit supported by price increases and lower rebates,” Heine Dalsgaard, chief financial officer at Carlsberg, said after declaring half yearly earnings.
“We continue to see very appealing long term opportunities in India but at the same time, we need to manage the short term volatility and general risk of doing business in India.”
Sales of India’s overall beer segment grew 5% in April-June quarter, according to GlobalData, a UKbased research firm, from 7% a year earlier.
Commenting feature is disabled in your country/region.